The Latest Breaking News from Middle East

Four races in a row? Key details revealed as F1 eyes Bahrain or Saudi ‘reschedule’

Formula One executives are looking to reinstate a race in the Middle East, depending on how the conflict in the Gulf evolves. But a congested end-of-season schedule makes a reschedule difficult, as Kieran Jackson explains

The Independent UK · May 12

Japan's Calbee potato chip bags turn black-and-white due to Iran war ink shortage

Japanese snack maker Calbee is temporarily switching 14 popular products to black-and-white packaging starting May 25 due to concerns over supply disruptions. This move aims to ensure stable shipments of raw materials like naphtha, which is largely imported from the Middle East and used in printing ink.

The Economic Times · May 12

UAE's main gas complex to resume full capacity next year after attacks

Dubai's major gas processing complex, a global giant, faces a delayed return to full capacity until 2027 following Middle East conflict. Operator ADNOC Gas reported a 15% income drop due to regional instability and market challenges, with the Strait of Hormuz blockade expected to cost millions. Full restoration is anticipated…

The Economic Times · May 12

Why are gold and silver prices down today, and will gold drop to $4,600 and silver slip to $80? Gold slips as markets assess Middle East tensions and inflation data

Why are gold and silver prices down today, and will gold drop to $4,600 and silver slip to $80? Gold and silver moved lower as markets studied Middle East tensions, U.S. inflation data, and interest rate expectations. Analysts pointed to a stronger dollar, rising oil prices, and changes in rate…

The Economic Times · May 12

MSA Safety Incorporporated Q1 Earnings Call Highlights

MSA Safety Incorporporated (NYSE:MSA) reported a stronger first quarter of fiscal 2026, with management citing resilient demand in the Americas, improved margins and continued execution of its Accelerate strategy, while also noting pressure in Europe and the Middle East. On the company’s earnings c

MarketBeat · May 12

Marathon Petroleum Q1 Earnings Call Highlights

Marathon Petroleum (NYSE:MPC) reported stronger first-quarter 2026 results, with management pointing to improved refinery reliability, elevated refining margins and a favorable supply-demand backdrop shaped in part by geopolitical disruptions in the Middle East. On the company’s earnings call, CEO

MarketBeat · May 12

UK sanctions Iranian entities accused of deploying criminal proxies

Britain has imposed new sanctions targeting groups and individuals accused of facilitating hostile Iranian actions. These measures aim to disrupt illicit finance flows supporting Iran's destabilizing activities. The sanctions include asset freezes and travel bans for those threatening security in the UK and the Middle East.

The Economic Times · May 12

Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boil

The rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in the Middle East. The situation has led to a surge in oil prices. This development poses economic challenges for India, which imports most of its energy needs.…

The Economic Times · May 12

Energy Leads S&P 500 to Another New High: Stock Market Today

Peace in the Middle East appears to be a distant prospect, but investors, traders and speculators are focusing on other fundamental factors.

Kiplinger · May 11

India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say

India has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns due to Middle East tensions. A Russian LNG tanker bound for India remains in limbo. India prioritizes avoiding sanctioned cargoes due to compliance risks. Russia seeks new markets for its LNG…

The Economic Times · May 11